6,943 Shares in AAON, Inc. $AAON Bought by Krilogy Financial LLC

by · The Markets Daily

Krilogy Financial LLC purchased a new position in AAON, Inc. (NASDAQ:AAON – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,943 shares of the construction company’s stock, valued at approximately $649,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Oppenheimer Asset Management Inc. grew its position in shares of AAON by 19.2% during the third quarter. Oppenheimer Asset Management Inc. now owns 35,300 shares of the construction company’s stock worth $3,298,000 after purchasing an additional 5,676 shares in the last quarter. Jackson Square Partners LLC boosted its stake in AAON by 195.8% in the 3rd quarter. Jackson Square Partners LLC now owns 133,734 shares of the construction company’s stock worth $12,496,000 after purchasing an additional 88,516 shares during the period. Prime Capital Investment Advisors LLC purchased a new stake in AAON during the 3rd quarter valued at approximately $223,000. Bessemer Group Inc. raised its position in shares of AAON by 105.7% during the third quarter. Bessemer Group Inc. now owns 19,675 shares of the construction company’s stock valued at $1,838,000 after buying an additional 10,112 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its position in shares of AAON by 273.8% during the third quarter. Hantz Financial Services Inc. now owns 871 shares of the construction company’s stock valued at $81,000 after buying an additional 638 shares during the last quarter. 70.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AAON has been the subject of several research analyst reports. Oppenheimer reaffirmed an “outperform” rating and set a $115.00 target price on shares of AAON in a research note on Friday, November 7th. Wall Street Zen raised shares of AAON from a “sell” rating to a “hold” rating in a report on Saturday. DA Davidson reaffirmed a “buy” rating and issued a $120.00 target price on shares of AAON in a report on Tuesday, February 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of AAON in a research report on Wednesday, January 21st. Finally, William Blair reissued an “outperform” rating on shares of AAON in a research note on Tuesday, December 30th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, AAON currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.60.

Get Our Latest Stock Report on AAON

AAON Stock Down 0.6%

Shares of NASDAQ:AAON opened at $101.04 on Friday. The company has a market cap of $8.25 billion, a price-to-earnings ratio of 83.50 and a beta of 1.11. AAON, Inc. has a 12 month low of $62.00 and a 12 month high of $116.04. The company has a current ratio of 3.04, a quick ratio of 2.03 and a debt-to-equity ratio of 0.42. The company has a 50-day moving average price of $86.02 and a 200 day moving average price of $89.22.

Insider Buying and Selling at AAON

In related news, EVP Stephen E. Wakefield purchased 4,141 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were bought at an average price of $77.59 per share, for a total transaction of $321,300.19. Following the acquisition, the executive vice president owned 15,212 shares of the company’s stock, valued at approximately $1,180,299.08. This represents a 37.40% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 18.70% of the company’s stock.

AAON Company Profile

(Free Report)

AAON, Inc (NASDAQ: AAON) is a U.S.-based designer and manufacturer of heating, ventilation and air conditioning (HVAC) equipment for commercial and industrial applications. The company’s product portfolio focuses on rooftop packaged units, water-source heat pumps, chillers and custom-engineered solutions that cater to a wide array of building types, from office complexes and schools to data centers and healthcare facilities.

AAON’s core offerings include rooftop units available in gas, electric and dual-fuel configurations, precision air-conditioning systems for temperature- and humidity-sensitive environments, and modular chillers suited for both indoor and outdoor installations.

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